Daikin Applied Americas president & CEO, Mike Schwartz, will retire at the end of August.
Schwartz has been the president and CEO of Daikin Applied Americas (DAA), and a member of Daikin Industries, Ltd., since September 2011.
When he joined, he was charged with transforming a complacent organisation into a high performing contender in the marketplace. And since 2011, he has met that challenge with resounding success:
Not only did he increase manufacturing capacity by 75 per cent, he doubled the employee base throughout North, Central and South America.
Shwartz also transformed the company from an equipment manufacturer to a solutions provider by developing a connected solutions business, acquiring interests in software and systems integration companies, and strengthening the sales and service channels.
This was in addition to record revenue year after year. Schwartz's success was recognized with a position on the board of parent company, Daikin Industries, Ltd., in 2019.
He tripled revenue from 2011 to 2022.